Bronx County, New York

• Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
• Below the state median: Median household income runs $37,298 (43.4%) under the New York median, so statewide income averages overstate local household buying power.
• Cost of living erodes income: Local prices run 12.6% above the national average, so the nominal median of $48,676 is worth $43,229 at national average prices. BEA publishes price parity at metro level, not county level.
• Elevated poverty: At 27.8%, the rate is in economically distressed territory and supports federal funding narratives (CDFI, NMTC, EDA).
• Talent gap: Bachelor's-or-higher attainment trails the national average by 13.3 pts, relevant for advanced-services attraction strategy.

• Largest private-sector industry: Health Care and Social Assistance employs 122,867 workers (49.9% of tracked sectors), at an average wage of $67,063. Every industry figure on this page is private sector; government employs a further 77,599 and is counted separately.
• Economic scale: Regional GDP of $58.3B (2024).
• Wage stratification: Construction averages $97,538 while Accommodation and Food Services averages $32,385, a 3.0x spread in the same local economy, with implications for workforce development and talent strategy.

• Top specialization: Transit and Ground Passenger Transportation concentrates at 6.02x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
• Cluster depth: 12 sub-sectors register LQ ≥ 1.5, but 65.6% of the employment across them depends on one source of demand: health care economy. Read the count as depth within that single demand base rather than as spread across separate ones.
• Attraction whitespace: 3 sub-sectors register LQ < 0.5 with at least 50 employed and clear the local siting screen on energy cost, freight access and land base, candidates for diversification or recruitment depending on labor-market fit.

• Stretched market: Home value to income ratio of 10.9x is well above the ~4.1x national average; attainable workforce housing may be a recruitment friction.
• Renter-majority market: 20.1% owner-occupied; flexible labor mobility but consider home-buying pipeline if attracting families.
• Rent affordability gap: None of the 5 HUD Fair Market Rent bedroom sizes sit below what a household on the median renter income of $40,723 can pay without cost burden (~$1,018/mo), and 56.9% of renter households are already cost-burdened, 33.9% severely so; workforce housing cost burden warrants attention.

• Low participation: 58.1% labor force participation. The labor force itself fell 4.4% between 2019 and 2024, from 668,733 to 639,474.
• Talent pipeline: the 6 largest of 12 institutions in Bronx County award 14,962 credentials a year. Employers drawing from a wider labor shed should read this alongside institutions outside the county, which this page does not aggregate.

Bronx County shows strong potential for transit and ground passenger transportation attraction, with a 6.02x concentration and 7,065 jobs in this sub-sector. It ranks in the top decile nationally.

Most of the employment across the concentrated sub-sectors traces back to a single source of demand. Health care economy accounts for 65.6% of it, with social assistance the largest single sub-sector at 27.5%. Recruitment that widens the demand base changes that exposure; recruitment inside the same base deepens it.